Latest Commodity Markets News

Otto Energy has completed a $38.4 million capital return while maintaining steady oil production despite a dip in gas output. The company also announced the resignation of its Acting CEO, signaling a period of transition.

Fin Resources Limited is set to commence a Fixed Loop Electromagnetic survey at its McKenzie Springs project in Western Australia, aiming to unlock new copper, nickel, and cobalt targets as commodity prices climb.

WA Kaolin Limited reports robust production growth and expanding sales, driven by new technical kaolin grades and strong forward orders for FY26.

Resource Development Group Limited has been suspended from ASX trading following the appointment of voluntary administrators, reflecting serious financial distress and regulatory breaches.

Fitzroy River Corporation reported steady royalty income for the March 2025 quarter despite operational suspensions at Buru and ongoing geopolitical risks impacting commodity markets. Key project updates include Bowdens Silver’s development application progress and Federation Mining’s Snowy River feasibility study.

Larvotto Resources has successfully raised $60 million in equity alongside a $105 million bond, fully funding the Hillgrove Antimony-Gold Mine development with production targeted for mid-2026.

Macquarie Group Limited reported a 5% increase in FY25 profit to A$3.715 billion, declaring a higher dividend and announcing a key CFO transition. The group also outlined a strategic divestment and cautious outlook for FY26.

Coronado Global Resources delivered its strongest June quarter since 2019, with a 20% rise in production and significant cost reductions, setting the stage for a major production ramp-up in H2 2025.

Fortescue Metals Group delivered record iron ore shipments in FY25 alongside a rare cost decline, while recalibrating its green energy ambitions and maintaining a strong financial position.

Legend Mining has officially surrendered its tenure over the Rockford Joint Venture tenements, marking the conclusion of its partnership with IGO Limited on this significant exploration project.

Paladin Energy outlines FY2026 operational ramp-up and financial guidance for its Langer Heinrich Mine, projecting increased uranium production and steady cost control ahead of full-scale operations in FY2027.

Lunnon Metals has completed a detailed Scoping Study on its Baker and Foster nickel sulphide deposits, highlighting potential economic viability despite ongoing uncertainty over processing arrangements. The study recommends sequential mining starting with the fully permitted Baker deposit, which remains profitable even at current nickel prices.